The Nigerian Communications Commission (NCC) has successfully carried out a mock session for the 3.5 gigahertz (GHz) spectrum auction for the deployment of the Fifth Generation (5G) network in the country.
The simulated auction which took place yesterday in Abuja was preparatory to the main auction scheduled to take place on Monday, December 13, 2021, at the same venue.
The simulation exercise was in line with the requirements stipulated in the Information Memorandum (IM) for the 3.5 GHz spectrum auction, IM is a document that defines the process for the licensing of the 3.5 GHz spectrum band earlier published in the commission’s website at the inception of the auction process.
Using the Ascending Clock Auction System for the mock session, the three qualified bidders for the 3.5 GHz spectrum: MTN, Mafab Communications and Airtel, participated in the software-based simulated auction exercise.
Following the successful mock auction, the stage is set for the commission to license two slots in the 3.5 GHz spectrum band expected to be picked by successful bidders at the end of the main auction on Monday.
– Parrot